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Third Saudi capital markets banker to leave in recent months
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Chinese auto rental company Car Inc’s stock price and outstanding bonds took a hit this week as two of its major shareholders struggled to offload the company’s shares.
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Private sector involvement in Covid-19 debt relief efforts seems set for a mire of unclear messaging and recriminations, after G20 figures published this weekend disappointed.
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Two of China’s most powerful financial market regulators have brought a group of nine companies under state control.
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China has taken yet another step towards merging its exchange and interbank bond markets, by kicking off a way to link their market infrastructure providers.
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In this round-up, Beijing eases the cap for equity investment in insurance companies, the China Securities Regulatory Commission mulls consolidation, and the top financial regulators in Hong Kong tell the finance industry not to fret over the security law.
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In this round-up, China’s GDP growth for the second quarter beats expectations by a large margin, the banking and insurance regulator asks financial institutions to step up efforts to eliminate the shadow banking sector, and a green-dedicated national fund is up and running in Shanghai.